Topic: Do you think Bitcoin can ruin a Country? - page 3. (Read 28332 times)
People not ruin the country Bitcoin helping the people who wants to invest for a real investment money, but in the eyes of government they breaking Bitcoin or a crypto because they want to Hold the people money on their own country because you know almost all in the government are want to Hold the money coming in there country.
If the authorities properly regulate the cryptocurrency and cryptocurrencies become more stable, nothing bad will happen. But I do not understand why to make bitcoin a state currency, if it was conceived with a completely different purpose.
Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
if the country has inaugurated the cryptocurrency as the prevailing currency I think the government will certainly issue a tax regulation as well and if the investment tax becomes safe and comfortable it doesn't matter to me What do you think?
The real fact is that cryptos give power to individuals and so it can only get out of hand when people abuse it. And so if holders of the crypto are ruiners, they'll ruin the country as well other than that I think the technology was made for a good purpose.
It can very much bring down the economy of the country because of its volatility, it is not stable and it can cause the regression of the state.
Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
I think if one country will make bitcoin as their currency. They will regulate it and put a tax on it. And i think economic managers of one country will not let their country be ruin by bitcoin. What do you think?
This could happen over a period of time, as tax evasion, manual labor and reliance on bitcoins are gaining momentum and illegal bitcoin use is increasing day by day. Is this hard to do? We need a solution before things get too bad
Thats right, this can be a time bomb for the government if they do not seek a common solution for mutual interests and benefits,of course crypto which will not be stopped will actually harm the government with tax avoidance which could be a big loss for the country
Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
bitcoin is not going to ruin a country, bitcoin is providing opportunities to its people for investment and trading, so bitcoin can be a good tool to increase the status of a country economically. i think if government take serious step about bitcoin and regularize then they can also impose tax on it and will certainly collect good tax from bitcoin. What do you think?
agree what you put forward, bitcoin will not completely damage the country because usually the damage is the people who actually take advantage of the advantages or disadvantages. precisely with the presence of bitcoin it can increase employment, facilitate people who are hobbies with the developed world, people can take advantage of existing facilities.
Bitcoin has been around for more than 10 years and till now it has not caused the financial ruin of any country or territory. On the other hand, it has caused economic gains for those countries where it was legalized.
The answer is no. personally, i think bitcoin helps us a lots in our life.
For personal gain of course bitcoin and crypto provide financial benefits for its users. but the problem here is about taxesthe government is afraid of losing income from taxes if the bitcoin develops in their country. that is the concern
Bitcoin cannot ruin country. Perhaps goverment cant regulate bitcoin because of being decentralized, but they can build and regulate exchanger which every transaction fees has corresponding taxes 
The answer is no. personally, i think bitcoin helps us a lots in our life.
Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
What do you think?
In my opinion, bitcoin could be the advance in a country as much economic as cultural and social, since it is based on a great technology, and that would help the society to advance every day, changing its perspectives, instead of being a regime of government. Bitcoin offers great opportunities, and if it manages to manage a country, it would be sensational...
Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
What do you think?
i think bitcoin can't ruin the country,but because bitcoin can give opportunities to people,if the country make legalized the bitcoin payback the country using pay the tax,so that you can continue use the bitcoin and of course the country can benefit by the tax payer
Well, i just thought, if bitcoin become a currency of one Country, maybe it can destroy that country? Think of it, Bitcoins do not have a tax, and tax are used by the government to make that country a good one, without tax, what will be used to spend and make that country a good one?
What do you think?
What do you think?
don't think that state revenues only from the tax sector, especially from bitcoin, state revenues come from many sectors, indeed the tax sector is one of them, so don't think that if bitcoin is used as a country's currency it can damage the country's economy ... on the contrary, with the use of bitcoin into a country's currency can improve the country's economy, because this business is greatly facilitated in the payment system, the tourism sector will also have a very good impact with the influx of foreign tourists who are very easy to pay for any goods without complicated rules. .
When Bitcoin cannot destroy a country because there is a benefit and a bad aspect of everything, we can not destroy a country if we think of the benefits by excluding harmful, but the country will grow even better.
it is clear that the state does not impose a tax system what will happen? the country might experience poverty from all fields, try to think if your family has no income at all what will happen? will it run smoothly? even if yes at some time it happens, the tax must still be applied.
This could happen over a period of time, as tax evasion, manual labor and reliance on bitcoins are gaining momentum and illegal bitcoin use is increasing day by day. Is this hard to do? We need a solution before things get too bad
It's a big NO. Basically, of people can get profits from bitcoin and by that, they can use this to operate an business in one's country. Well, technically it would contribute tax in the government.
I do not think so, the consequences are possible but if we take corrective measures then it will not happen. I know that tax evasion and illegal bitcoin use are taking place but the government should tighten and have a reasonable solution for people to grow together.
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